R/€ = 19.34 Change: -0.01
R/$ = 16.33 Change: 0.00
Au 1950.30 $/oz Change: -3.63
Pt 929.31 $/oz Change: -12.47


Traceability, due diligence system implemented for Côte d’Ivoire artisanal gold

By: Simone Liedtke     16th September 2020 Natural resources organisation Impact and the European Union (EU) have successfully implemented a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire as part of the Just Gold project. The Just Gold project supports artisanal gold... 

Stanfra Trading launches first South African-made 100 mm quarter-turn segmented ball valve

By: Donna Slater     11th September 2020 Launched on September 10 during the Electra Mining Africa 2020 Connect virtual event, machining manufacturer Stanfra Trading showcased its new fully South African 100 mm quarter-turn ball valve. Stanfra Trading CEO Francois Marais states that this type of valve is the first to be produced in... 

Local manufacturing needs support to fulfil potential, panellists say  

By: Tasneem Bulbulia     11th September 2020 Local manufacturing had the potential to support South Africa's economic recovery, but this required addressing a myriad of challenges, panellists said during a South African Capital Equipment Export Council webinar on September 10. The webinar was held as part of this year's Electra Mining... 

Trump made a promise to save coal in 2016. He couldn’t keep it 

By: Bloomberg     3rd September 2020 President Donald Trump spent more than $1-billion in taxpayer funds, rolled back environmental rules and tried to stop power plant closings to fulfill a vow he made to West Virginia coal miners in the 2016 campaign. But nothing he’s done is rescuing the coal industry. Since Trump’s... 

Congo grants new export ban waivers for copper, cobalt, tin

By: Reuters     25th August 2020 Democratic Republic of Congo on Saturday gave mining companies an indefinite waiver to an export ban on cobalt hydroxide and carbonate, as well as tin, tungsten, and tantalum concentrates after meeting the country's biggest miners in Kinshasa. The mines ministry also announced an export ban... 

Western Australian salt project gets federal backing

By: Esmarie Iannucci     25th August 2020 The federal government has awarded ASX-listed BCI Minerals Major Project status for its Mardie salt and potash project, in Western Australia. Major Project status provides companies with extra support from the Major Projects Facilitation Agency, including a single entry point for Commonwealth... 

Weekly Coal Index Report

24th August 2020 Vietnam is the new coal exporter’s darling, as imports surged during the COVID-19 pandemic, increasing around 46% y-o-y. The country has imported circa 36-million tonnes so far this year, although Indonesia, Russia and China are the major suppliers. SA clearly has a major freight disadvantage and... 

Buffalo Coal posts R87m interim loss

By: Marleny Arnoldi     24th August 2020 TSX- and AltX-listed Buffalo Coal Corporation has posted a net loss of R87-million for the six months ended June 30, compared with a net profit of R25.3-million reported for the six months ended June 30, 2019. This is a decrease of more than 200% year-on-year and translated to a headline loss a... 

B2Gold says Mali border shutdown to be short-lived after coup

By: Reuters     21st August 2020 Miner B2Gold expects the shutdown of land and air borders in Mali to last "days or weeks, not months," its chief executive said on Thursday, after Tuesday's overthrow of President Ibrahim Boubacar Keita. "The intention is to re-open as soon as possible," B2Gold CEO Clive Johnson told Reuters,... 

CFBC boiler technology viable for S Africa

By: Mamaili Mamaila     21st August 2020 The global success of circulating fluidised bed combustion (CFBC) boiler technology, suggests that this should be the technology of choice for the future in State-owned power utility Eskom’s power stations. 

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